Property score
85.0
Excellent
Overall 85.0 · Larger and newer than most nearby homes
1,840 sqft (top 27%) · Built in 2001 (6 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.0 is composed by the two sections below.
Property Score
Community Score
Island Lakes
How to read: Share of sales in each ~$50k price band for “island lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
10%
Single-person households
50%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
121 Wayfarer'S Haven — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 320 m).
Island Lakes · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Violent
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 48% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Top 47% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 121 Wayfarer's Haven, Island Lakes, Winnipeg
Key Characteristics & Appeal
This home is a well-positioned, above-average offering within its established neighborhood. Built in 2001, it features 1,840 sqft of living space, which is notably larger than both the Winnipeg city average and the Island Lakes community average. A key feature is its renovated basement, adding valuable finished space, and it includes an attached garage. The home's assessed value places it in the top tiers for both the neighborhood and the wider city, suggesting a history of solid valuation.
Its primary appeal lies in offering generous interior space in a mature, sought-after area without the premium typically attached to the largest lots. While the land area is more compact compared to others on the street, this often translates to less yard maintenance—a potential plus for busy professionals or those seeking a lock-and-leave lifestyle. The renovated basement and attached garage add practical, modern convenience to the early-2000s build.
This property would suit buyers prioritizing move-in readiness and spacious interiors over extensive outdoor space. It’s an excellent match for growing families or professionals who want the community benefits of Island Lakes but prefer a manageable yard. It also represents a sound option for value-conscious buyers looking for a home that consistently performs above average in key metrics like size and assessment within its market.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than many on the street and in Island Lakes. This means less yard for gardening or play, but also significantly reduced maintenance time and costs. It positions the property as more home-focused than land-focused.
2. What does the "above average" assessed value indicate?
The assessment ranks in the top 15% for Island Lakes and top 12% citywide. This typically reflects the home's desirable characteristics (like the renovation and size) and can indicate strong market positioning, though property taxes will be commensurate with this higher valuation.
3. The home sold twice in 2019. What should I know?
The property saw two sales within an eight-month period. While the specific reasons aren't listed, this pattern is not uncommon and could range from a change in the buyer's circumstances to an investor flip. It warrants asking the seller or your agent for any known history during that time.
4. Is the living space configuration typical for the area?
At 1,840 sqft, the living area is larger than over 70% of homes in Island Lakes. This suggests a potentially more flexible layout with more bedrooms, larger common areas, or better utilization of space than many comparable properties.
5. What are the implications of the "renovated basement"?
While a positive, the scope and quality of the renovation are key. It's advisable to confirm what work was done, when, and if proper permits were obtained. A professionally finished basement adds significant functional space and value.
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